Hui Ling Teo, a transportation lawyer who has spent the last seven years at Milbank in Singapore, has left the firm to join Reed Smith as a partner. Teo specialises in the aviation, transportation and ...
Collaboration a key feature of Singapore’s climate agenda at COP27: Grace Fu
Singapore launched its first pavilion at the COP27 summit, the annual United Nations meeting on climate change.
China’s Oct crude oil imports rebound amid new refinery rollouts
China's crude oil imports in October rebounded to the highest level since May, up 14% from a low base a year earlier in their first annual growth in five months, data showed on Monday, as two ...
Troubled Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze
Singapore-based crypto lender Hodlnaut has been dealt another blow on its path to recovery after it emerged that it held $18 million worth of crypto on FTX, the crypto exchange that halted withdrawals ...
Indian Oil offers first diesel export since mid-Sept – sources
Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export in almost three months, three sources who reviewed the tender document said on Thursday. "The availability ...
China coal imports slip from 10-month high in Oct as COVID curbs crimp demand
China's coal imports slipped in October after hitting a 10-month high in September, as Beijing's ultra-strict COVID-19 restrictions dampened demand for the power generation fuel.
E-commerce sites woo Singapore shoppers with faster delivery, easier returns for 11.11 sales
From offering fuss-free returns to extending shopping windows, e-commerce platforms are wooing shoppers with a more seamless buying experience at this year’s Singles’ Day sale on Friday (Nov 11).
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter. Singapore’s life insurance weighted new business premiums went down by 5.9% to $2.76b in the third quarter of 2022 compared to a ...
Freight forwarding firm fined $17,500 for illegally importing over 350kg of meat and seafood
The items were seized and destroyed. In Singapore, food imports can be done only by licensed importers, and every consignment must be declared and accompanied by a valid import permit. In addition, ...
On sustainability matters, Singapore businesses still respond best to strict regulations: SAP
On the flipside, too much focus on compliance is the second-biggest sustainability challenge for businesses in the region.
Need for Singapore to take ‘accelerated action’ in pursuing lower carbon emissions, says climate expert
Singapore’s plans to ramp up carbon tax in the country will significantly reduce such emissions quickly, says Professor Mark Howden, a climate expert.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after. The rising interest rates will both benefit and challenge Singapore's big three banks through 2023. Whilst ...
As Singapore Parliament approves higher carbon prices, some MPs fear business toll but others want heftier emissions tax
Parliament yesterday (November 8) voted to sharply increase the tax on carbon emissions over the next five years but not before some Members of ...
Australia falling behind Singapore in green finance stakes
While Australia has come relatively late to taking the business of climate change seriously, Singapore is showing the way in exploiting potential opportunities in green financing.
Singapore yard may have quit US over cost overrun fears on $1.8bn order
Analysts say project was already running well behind schedule and was a drag on company results Fears of a massive cost overrun on a potential SGD 2.6bn ($1.8bn) newbuilding project may have been ...
For Singapore, a Global Slowdown Is Another Planet
The global slowdown often feels like it’s happening on another planet. The question might not be so much whether Singapore’s economy has become a bubble, a loaded term that implies a painful collapse ...